Barclays is being exposed as a fossil fuel funder

Across the country, hundreds of people are doing actions outside Barclays branches. Why Barclays? Well, it’s because Barclays is lending billions of pounds to fossil fuel companies. Those are the same fossil fuel companies making huge profits by drilling for oil and increasing emissions.

Citi: #1 fossil fuel banker in Africa

Citi is 2nd biggest funder of fossil fuels of any bank in the world. And now, a new report is exposing Citi as taking the #1 spot for fossil fuel expansion in Africa.

Land defenders came to meet banks face to face

Activists from the anti-fracking fight came to the UK to meet major banks face to face. You might be wondering why they travelled thousands of miles to meet major banks.

A month to forget for Royal Bank of Canada

Note: RBC staff are speaking out about the billions of dollars RBC is continuing to lending to fossil fuel companies. If you want to speak out too, take this short survey, or email [email protected]

COP27 – It’s time to pay for the damage you cause

It’s that time again for governments and big finance to discuss their way out of the climate crisis. It’s COP27 time. COP is traditionally littered with empty promises, backroom wrangling, and an ocean load of greenwashing.

Three big banks take climate steps

The pressure is working. Three amazing announcements have come out in the last week that are direct results of years of pressure from amazing work done across the climate movement.

picture of mark carney

Mark Carney under pressure over banks’ climate failures

The co-chair of the world’s largest “green alliance” of banks, Mark Carney, has tried to put a brave face on the failings of banks in addressing the climate crisis. But during cross-examination at the UK parliament’s environmental audit committee this week, the cracks showed.

Protesters in quebec protest RBC after greenwashing investigation

RBC under investigation for greenwashing!

Caught greenwashing red-handed?

Canada’s largest bank is having a pretty awful week. RBC is now being investigated by a federal agency over alleged ‘greenwashing’, which is vindication for campaigners who have been saying this for literally years.

Citi talks green, but it’s a major coal backer

Coal is the most damaging fossil fuel. So a sustainable bank would want to make sure it’s not funding coal extraction right? Well, US bank Citi is a massive funder of coal companies.

Are Bloom and Wild REALLY sustainable?

Bloom and Wild is a huge UK-based flower delivery company. They’re one of the most sustainable…if you completely ignore their choice of bank. Bloom and Wild bank with Barclays.

Image of Dave McKay saying stop being mean to me

Everyone stop being mean to Dave

The Royal Bank of Canada is funding climate change, all on the watch of its CEO – Dave McKay. RBC is the 5th worst bank in the world (and the worst in Canada) for lending money to fossil fuel companies.

Coal is the worst. But US banks still love it

Here’s three things that are true:

  1. There’s no question, coal is the dirtiest fossil fuel, pound for pound. It releases more damaging substances into the air than oil or gas.

The UN might dump a Canadian mega-bank

The Royal Bank of Canada is Canada’s biggest bank and the 5th biggest funder of fossil fuels in the world – that’s $201.229 billion since 2016. A new report from Greenpeace Canada says that RBC’s terrible record is enough to get it (and other large Canadian banks) thrown out of the UN’s Net Zero club, which would be a serious hit to their reputation.

Day of Action calling on banks to stop propping up Putin’s war

Wednesday 24th was an important date. It marked 6 months since the start of the war and Ukrainian independence day. That’s why on Wednesday, thousands of people came together around the world to demand that banks like HSBC and Citi cut all financial ties with Putin’s Russia.

How HSBC is propping up Putin

If you work for HSBC, join your colleagues and have your say in the confidential staff survey now: https://rp38jmcm937.typeform.com/hsbc-russia

HSBC is propping up Vladimir Putin’s war in Ukraine.

Citi is helping Vladimir Putin

(Updated on Friday August 19th to include link to letter to Citi CEO)

Citi are propping up Putin’s war. Here’s how:

Citi is a giant US bank, and its involvement with the Russian economy – and Putin – is the largest among all US banks.

Citi, HSBC, JP Morgan and Credit Agricole – war criminals?

The Ukrainian government is accusing four major banks of war crimes for their continued funding of business with Russian fossil fuels. Citi, HSBC, JP Morgan and Crèdit Agricole are lending billions of dollars a year to fossil fuel companies.

New research: Banks have arranged $2.7 trillion for fossil fuels

Here’s the press release with all the major facts and figures you need:

New research shows that underwriting coal, oil & gas bonds is a glaring loophole in banks’ net-zero targets

  • Banks have underwritten $2.7 trillion worth of coal, oil and gas bonds since the 2015 Paris climate agreement. 

HSBC staff speak out anonymously on climate

Why are staff speaking out?

The science couldn’t be clearer, we simply cannot have any more NEW fossil fuel drilling to keep to a safe world. Yet, HSBC is the worst funder of new fossil fuel project companies in Europe, that’s billions of dollars a year to the companies accelerating the climate crisis.

Some big wins in climate you haven’t heard about!

There are plenty of wins happening across the world in the fight to get bank to stop funding fossil fuel projects. Here’s a few of the biggest:

Pressure on Crédit Agricole

Right now, French banking giant Crédit Agricole lends billions of dollars a year to fossil fuel companies.

Crashing RBC’s golf tournament

Quick question: what’s the best way to get the attention of the Royal Bank of Canada’s CEO?

Answer: Take his giant inflatable head to a golf tournament he’s sponsoring.

Raids at the Deutsche Bank offices

If you think we’re serious about taking on greenwashing by slapping HSBC on the wrist for misleading ads, you should see what they’re doing in Germany. German police raided HQs of Deutsche Bank (and a Deutsche Bank subsidiary called DWS) because they’re under investigation for lying about how green their investments are.

‘Who cares if Miami is six metres under water in 100 years?’

Stuart Kirk clearly misread the crowd. He did a public presentation at an event called Moral Money, where he said everything you can imagine a Head of Responsible Investment for HSBC shouldn’t say about climate.

Read the letter sent to the CEO of HSBC

Here’s the letter written to Noel Quinn, HSBC’s CEO, about Stuart Kirk’s presentation called “Why investors need not worry about climate risk”. In the talk he said “There’s always some nut job telling me about the end of the world”, “Climate change is not a financial risk that we need to worry about” and “Who cares if Miami is six metres underwater in 100 years?”.